QUESTION
How much has NYC received from the federal government so far?
0:55:31
·
64 sec
NYC has collected less than $50 million from the federal government out of a $156 million commitment.
- Initially, Budget Director Jacques Jiha estimates NYC received about $40 million.
- Jacques Jiha corrects the figure to approximately $49 million collected.
- The total commitment from the federal government is $156 million.
- Collecting the remaining balance is challenging due to stringent reimbursement requirements.
Justin L. Brannan
0:55:31
What's the total we've received from DC so far?
Jacques Jiha
0:55:35
So far, we we see about like 40, let me see, 40,000,000 hours, I believe.
0:55:42
Yeah.
0:55:42
So far, we have gotten but we in the process.
Justin L. Brannan
0:55:44
Say that again.
Jacques Jiha
0:55:45
About 40 something a a $1,000,000 we have received.
0:55:48
Collected actually.
0:55:50
The the the commitments about, like, 146,000,000 something.
Justin L. Brannan
0:55:55
So so far from from the federal
Jacques Jiha
0:55:57
156, 156.
0:55:59
And we believe we collected so far, 48 $49,000,000.
0:56:08
So
Justin L. Brannan
0:56:09
all in, we've received only we've received less than $50,000,000 from the federal government.
Jacques Jiha
0:56:14
Yes.
0:56:14
So far.
0:56:14
Yes.
0:56:15
We're in the process of trying to collect the $1,700,000, the balance.
0:56:20
But the
UNKNOWN
0:56:21
This is all reimbursement?
Jacques Jiha
0:56:23
Yes.
0:56:23
The requirements are so stringent that it's almost it's it's very difficult for us to do so.
0:56:29
But we we're working on it to try to collect the remaining $1,700,000 or $7,000,000.